YEARLY HIGH
3.2366 BOB
YEARLY LOW
2.4705 BOB
YEARLY AVERAGE
2.9268 BOB

2016 GEL to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the GEL to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 3.2366. Conversely, the yearly low was recorded on December 21, dropping to 2.4705.

This high-to-low spread represents a total annual volatility of 0.7661 BOB. From a start-to-finish perspective, comparing the January average rate of 2.8358 to the December average rate of 2.6106, the exchange rate registered a net change of -7.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.2366 was down 17.63% compared to the 2015 peak of 3.9294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GEL based on timing:

Yearly Peak High 16,183 BOB
2015 Average 15,860 BOB
Yearly Trough Low 12,353 BOB
Transaction Impact: A difference of 3,830.55 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.2178
2.5554
JanuMarcMayJulySeptNove

GEL to BOB Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9748, compared to 2.8787 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0962 points.

H1 Avg (Jan–Jun) 2.9748
H2 Avg (Jul–Dec) 2.8787

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.3152 BOB (High: 3.2366 / Low: 2.9215). On the other end, February was the most stable month, with a tight range of 0.0347 BOB (High: 2.7961 / Low: 2.7614).

June Spread (Volatile) ±0.3152
February Spread (Stable) ±0.0347

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1991 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 3.1443) against the same month in 2015 (average: 3.0564), the exchange rate shifted by +0.0879 (+2.88%).

2016 Avg (June) 3.1443
2015 Avg (June) 3.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8838 2.7752 2.8358
February 2.7961 2.7614 2.7766
March 2.9865 2.7698 2.8813
April 3.1054 2.9656 3.0484
May 3.2239 3.1026 3.1626
June 3.2366 2.9215 3.1443
July 2.9777 2.9254 2.9452
August 3.0488 2.9349 2.9856
September 3.0278 2.9561 2.9949
October 2.9722 2.8944 2.9366
November 2.8856 2.7163 2.7991
December 2.7059 2.4705 2.6106